U.S. P/C Industry's First-Quarter Results Hit by Catastrophe Losses

August 2011
Best's Review;Aug2011, Vol. 112 Issue 4, p91
Trade Publication
The article reports on the condition of the U.S. property/casualty (P/C) industry. It notes that the net income after taxes in the said industry has dropped by 29.3 percent to 9.0 billion dollars in the first quarter of 2011. It cites that the industry has been sustained due to segments such as reinsurance, personal lines and commercial lines. It mentions that investments have not been that good in the industry.


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